Live updates: Trump responds to bad jobs report by firing BLS commissioner; Markets plunge
Former President Trump fired the Bureau of Labor Statistics (BLS) commissioner after a disappointing jobs report showed only 73,000 jobs added in July and stagnant unemployment at 4.2%. The report also included downward revisions for May and June, sparking concerns about the U.S. economy. The news triggered a sharp drop in stock markets as investors reacted to the bleak economic outlook.
WPN Brief
Former President Trump fired the Bureau of Labor Statistics (BLS) commissioner after a disappointing jobs report showed only 73,000 jobs added in July and stagnant unemployment at 4.2%. The report also included downward revisions for May and June, sparking concerns about the U.S. economy. The news triggered a sharp drop in stock markets as investors reacted to the bleak economic outlook.
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